# What the Falling PCE Tells Us About Fed Policy

Page: https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/what-the-falling-pce-tells-us-about-fed-policy
Text version: https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/what-the-falling-pce-tells-us-about-fed-policy.md
Podcast: [The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy](https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696)
Published: 2026-07-14T17:49:48+00:00
Episode link: https://audio.fexingo.com/business/the-federal-reserve-podcast/episode-0114.mp3
Audio file: https://audio.fexingo.com/business/the-federal-reserve-podcast/episode-0114.mp3
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Duration seconds: 444

## Resource

Lucas and Luna dig into the latest PCE data to explore why the Fed is shifting its focus from CPI to the Personal Consumption Expenditures price index. With CPI easing but PCE still rising, they break down how the Fed uses PCE to gauge inflation trends, why core PCE matters more than headline, and what the flat interest on reserve balances signals about rate policy. They also discuss how 'funflation' is distorting consumer behavior and complicating the Fed's job. A data-driven look at the Fed's preferred inflation gauge and what it means for future rate decisions. #FederalReserve #MonetaryPolicy #Inflation #PCE #CPI #InterestRates #FOMC #Economics #Funflation #CorePCE #FedFundsRate #ConsumerPrices #EconomicData #CentralBanking #Macroeconomics #BusinessPodcast #FexingoBusiness #Finance Keep every episode free: buymeacoffee.com/fexingo

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